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PortuguêsEthereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s…
Continue ReadingA report by WSJ revealed that 86% of Tether was controlled by four people as of 2018. The USDT issuer has disclosed very little about its operations and ownership structure.…
Continue ReadingIn the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million…
Continue ReadingOn Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at…
Continue ReadingWhile the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased…
Continue ReadingUSDT recently witnessed increased activities from sharks and whales. Tether inflow to exchanges also saw a bump. Since an 11 January report revealed Tether’s [USDT] plans to delist from the Canadian…
Continue ReadingTether will be delisted from Crypto.com in Canada in adherence to the regulatory body’s directives in the country. Crypto.com will convert all USDT to USDC at the expiration of the…
Continue ReadingBrazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new…
Continue ReadingAlthough it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume compared to its main competitor USDT. Stablecoin USD Coin (USDC) has…
Continue ReadingThe Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and…
Continue ReadingRegistered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition. According to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian…
Continue ReadingAccording to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by…
Continue ReadingAccording to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to…
Continue ReadingAccording to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the…
Continue ReadingToday’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the…
Continue ReadingIts been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023.…
Continue Reading2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion…
Continue ReadingFor more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec.…
Continue ReadingStablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with…
Continue ReadingOptimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact…
Continue ReadingThe overall stablecoin transfer volume witnesses massive growth but USDT’s volume declines USDC manages to outperform USDT in terms of transaction volume and value, however, weighted sentiment for USDT improve…
Continue ReadingOptimism recently saw the volume of USDT and USDC transactions on its network surpass $1 billion. The price and active address, however, show convergence as its TVL continues its growth.…
Continue ReadingBitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows…
Continue ReadingPaxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision,…
Continue ReadingBitcoin and the crypto market have been of late seeing most prices of crypto in red, with little hope for an uptrend, at least based on charts. The past few…
Continue ReadingStellar Development Foundation announced its partnership with UNHCR to help refugees in Ukraine. The decision to go with USDC might be due to USDT’s recent woes. On 15 December, the…
Continue ReadingWhile billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop…
Continue ReadingAmid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days.…
Continue ReadingChangpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange. Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody,…
Continue Reading2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these tokens since March. Total Stablecoin Supply Is Down 8% From…
Continue ReadingThe move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal. The world’s largest stablecoin issuer, Tether, has pledged to eventually…
Continue ReadingThe community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test. The Commodity Futures Trading Commission…
Continue ReadingETH whales regain interest in USDC as stablecoin wars start to heat up USDC purchases in the last 24 hours increased in the last 24 hours Circle’s USDC stablecoin made…
Continue ReadingAccording to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly,…
Continue ReadingCoinbase waived USDT-USDC conversion fees. It is the second CEX to do so after Binance. Coinbase has taken aim at Tether (USDT) with its latest blog post, as it promoted…
Continue ReadingLet the stablecoin war begin! In a controversial move, leading American exchange Coinbase has urged its users to switch their Tether (USDT) to USD Coins (USDC). In a blog post…
Continue ReadingTether plans to roll out the Chinese Yuan on the Tron network Tether’s future plans include rolling out digital versions of existing fiat currencies Tether, the crypto company that created…
Continue ReadingOver the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under…
Continue ReadingAccording to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind…
Continue ReadingTRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not…
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